Atlantic Union Bankshares Corp Takes Position in Invesco S&P SmallCap Energy ETF $PSCE

Atlantic Union Bankshares Corp purchased a new position in shares of Invesco S&P SmallCap Energy ETF (NASDAQ:PSCE) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,786 shares of the company’s stock, valued at approximately $147,000. Atlantic Union Bankshares Corp owned approximately 0.25% of Invesco S&P SmallCap Energy ETF as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Harbor Capital Advisors Inc. raised its stake in shares of Invesco S&P SmallCap Energy ETF by 4.7% in the second quarter. Harbor Capital Advisors Inc. now owns 77,655 shares of the company’s stock worth $3,018,000 after acquiring an additional 3,490 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Invesco S&P SmallCap Energy ETF by 3.7% in the first quarter. Goldman Sachs Group Inc. now owns 82,985 shares of the company’s stock valued at $3,477,000 after purchasing an additional 2,937 shares in the last quarter. Belpointe Asset Management LLC bought a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter worth approximately $335,000. Northwestern Mutual Wealth Management Co. acquired a new position in Invesco S&P SmallCap Energy ETF during the 1st quarter worth $26,000. Finally, Flow Traders U.S. LLC bought a new position in Invesco S&P SmallCap Energy ETF in the 1st quarter valued at $624,000.

Invesco S&P SmallCap Energy ETF Stock Performance

NASDAQ PSCE opened at $43.15 on Monday. The stock has a market capitalization of $60.41 million, a P/E ratio of 9.69 and a beta of 1.00. Invesco S&P SmallCap Energy ETF has a 52 week low of $30.94 and a 52 week high of $54.83. The stock has a fifty day moving average of $42.29 and a 200-day moving average of $40.20.

Invesco S&P SmallCap Energy ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Monday, September 22nd were issued a dividend of $0.2403 per share. This represents a $0.96 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Monday, September 22nd.

About Invesco S&P SmallCap Energy ETF

PowerShares S&P SmallCap Energy Portfolio (the Fund) seeks investment results that correspond generally to the price and yield performance of an index called the S&P SmallCap 600 Capped Energy Index (the Underlying Index). The Underlying Index consists of common stocks of the United States energy companies that are principally engaged in the business of producing, distributing or servicing energy-related products, including oil and gas exploration and production, refining, oil services, pipeline, and solar, wind and other non-oil-based energy.